Ashok Rathi

Ztech India Limited IPO Detail Date Review 2024

Ztech India Limited was incorporated in 1994. Ztech India Limited  IPO subscription opens from 29 May 2024 and issue closes on 31 May 2024. IPO Face value is Rs.10 per share. IPO Issue bid size is between Rs.104 to Rs.110 per share. The lot size is 1200 shares per lot. This is a Book Built Issue IPO.

  1. Ztech India Limited Total Issue Size is, 3,391,200  shares and company wants to aggregate up to ₹ 37.30 Cr.
  2. Company Share Holding, Pre Issue is 9,406,048 shares.
  3. Company Share Holding, Post Issue will be 12,797,248 shares.
  4. This IPO is Listing at NSE SME, on 4 June 2024.

Narnolia Financial Services Ltd is the book-running lead manager for the Ztech India IPO, with Maashitla Securities Private Limited serving as the registrar. Nvs Brokerage is the market maker for this IPO.

Ztech India Limited IPO Timeline :

  1. Ztech India Limited IPO issue opens on 29 May and closes on 31 May 2024.
  2. Cut Off Time of UPI Payment is, on  5pm on 31 May 2024.
  3. IPO Issue Basis of Allotment is, 3 June 2024.
  4. Who did not get the allotment of shares, Refunds Initiation begins from 4 June 2024.
  5. Who got the allotment, Shares will be Credited in their Demat Account by 4 June 2024.
  6. Finally IPO lists on 4 June 2024. This was the IPO timeline of Ztech India Limited IPO.

Ztech India Limited IPO Reservations for Investor Categories :

QIB Investors Shares Offered Not more than 50% of the Net Issue.

Retail Investors Offered Not less than 35% of the Net Shares Issue.

NII (HNI) Investors Offered Shares Not less than 15% of the Net Issue.

Ztech India Limited IPO Detail Date Review 2024
Ztech India Limited IPO Detail Date Review 2024

Ztech India Limited IPO Lot Size Minimum to Maximum allotment for Investors :

  1. Retail Investor can apply for Minimum, 1 lot which has 1200 shares and investing amount ₹ 132,000.
  2. Retail Investor Maximum apply for 1 lot, 1200 shares, amount ₹ 132,000.
  3. HNI Investor Minimum 2 lot, 2400 shares, amount ₹ 264,000.

An Intro About Ztech India Limited:

Incorporated in November 1994, Z-Tech (India) Limited specializes in designing civil engineering products and offers cutting-edge Geo-Technical Solutions for infrastructure and civil construction projects across India.

The company is also engaged in the waste management sector, particularly in developing theme parks from recycled scrap materials.

Z-Tech (India) Limited delivers innovative, safe, and eco-friendly engineering solutions in three key areas:

Sustainable Theme Park Development
Industrial Wastewater Management
Geotechnical Specialized Solutions

If you want to check the current IPO status of the on going IPO than here is the check list for IPO Subscription Status
Once you are satisfied with IPO subscription status and want to check the allotment status than click IPO Allotment Status
With the ongoing process of IPO market you can see the ups and downs of grey market premium here at IPO GMP Grey Market Premium
If you want to check out the listing day gain or loss of any IPO in 2024 or later years than click here IPO Performance Tracker
If you are interesting to know more about IPO than see Mainboard IPO List | SME IPO List | Upcoming IPO in 2024 | Rights Issue | NCD List

How to apply for Ztech India Limited IPO Subscription ?

There are some simple steps to follow

  • First go to your brokers website and login there
  • 2nd after login see the IPO section and click there
  • 3rd click the Ztech India Limited IPO Service Bid button here
  • 4th enter and confirm your UPI id here, Fill quantity and price than submit this application form.
  • 5th Now visit your UPI app page and approve the amount transaction.
  • 6th Now Finally IPO Bidding process is completed. Now you have subscribed for this IPO application.

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